Why Choose West Valley Appraisal Services?How do we do more in less time and keep our fees reasonable without cutting corners on quality? Our reply is simple: Technology. And above everything, we keep in mind the importance of personalized customer service. You'll be shown the utmost respect in all aspects of working and communicating with West Valley Appraisal Services. It all adds up to an unsurpassed experience for our clients. We have 26 years experience, let us prove to you why we're different. Call or Text 602.717.8450 today for a quote. Veteran / Military Discounts!! Reliable, accurate appraisal services in and around Maricopa County.WVAS StaffMeet the WVAS staff who are here to provide the best appraisal services available in Arizona. Order OnlineNeed an appraisal now? Order securely online for an accurate, reliable appraisal to fit your specific needs. What's an AppraisalWhen you need to know the true value of a property, you need an expert. Find out about the appraisal process. How to PrepareGetting ready for an appraisal? We can tell you the best tips to be prepared for your appraisal. |
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Mortgage Rates Jump Sharply Higher After Jobs Report | ||
1/10/2025 2:57 PM | ||
Mortgage rates were already at 6 month highs earlier this week so it didn"t take much of a push to send them up to new 7 month highs today. The push in question came from today"s hotly-anticipated jobs report. No other economic report has as much consistent potential to cause volatility for interest rates. As such, when today"s job creation ...Read More | ||
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Mortgage Rates Just a Hair Lower. Friday Could be Much More Volatile | ||
1/9/2025 12:47 PM | ||
Mortgage rates are driven by movement in the bond market and bonds were on a shortened schedule today due to the federal day of mourning for Jimmy Carter. As such, volume and volatility were in short supply. Still, overnight market movement allowed the average lender to offer a microscopic improvement versus yesterday. Tomorrow (Friday, Jan ...Read More | ||
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Highest Mortgage Rates Since June | ||
1/8/2025 1:54 PM | ||
For the second day in a row, mortgage rates have moved higher at a modest to moderate pace. Unfortunately, that"s been a trend so far in 2025 and it"s compounded by the fact that rates were already close to their recent highs. The net effect is a move up to the highest levels since June for the average lender"s top tier conventional 30yr fixed rat...Read More | ||
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Mortgage Rates Rise to Match 6 Month Highs | ||
1/7/2025 2:36 PM | ||
We came into the current week knowing that rates would take cues from any clear cues in this week"s economic data. In general, that means higher rates in response to stronger data or lower rates if the data is weaker. Today"s data was stronger across the board. One of the most closely watched economic reports that most people hav...Read More | ||
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Mortgage Rates Barely Budge to Start New Week | ||
1/6/2025 2:25 PM | ||
The bond market and interest rates have arrived at the first full week of the new year almost exactly where they left off before the X-mas/New Year holiday weeks. There was a small amount of underlying volatility in bonds today, but not enough to translate into volatility for mortgage rates. This kept the average lender near 7.125% for ...Read More | ||
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Mortgage Rates Slightly Higher Today, But Generally Flat Over Past 2 Weeks | ||
1/3/2025 3:33 PM | ||
The official holiday dates may be in the rearview, but as far as interest rates and underlying bond markets are concerned, this was the last day of the winter holiday season. The same logic would put the start of the holiday season at December 23rd--a day where the average top tier 30yr fixed rate was exactly the same as it was today. Today"...Read More | ||
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Mortgage Rates Haven"t Moved Much Since Fed Week | ||
1/2/2025 3:40 PM | ||
The last time mortgage rates were moving with any sense of urgency was in the days surround the Fed"s rate cut on December 18th. Incidentally, that movement was sharply higher, which is just as likely as any other outcome when the Fed is cutting rates for a variety of reasons. The rate rise leveled off by the end of Fed week with the average lende...Read More | ||
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Mortgage Rates Slightly Higher as Markets Close Early | ||
12/31/2024 12:39 PM | ||
Major holidays typically involve a full day market closure along with an "early close" on an adjacent day. This matters to rates because mortgage lenders decide what they can offer based on trading levels in the bond market. Mortgage lenders also need a certain amount of activity in the market if they hope to set competitive rates. As ...Read More | ||
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Mortgage Rates Modestly Lower to Begin Another Holiday-Shortened Week | ||
12/30/2024 2:31 PM | ||
Because mortgage rates are determined by trading levels in the bond market, when the market is closed, lenders don"t update their rate offerings. As such, there were no rate updates last Wednesday for the Christmas holiday and the same will be true this week for New Year"s Day. In addition, it"s common practice for the bond market to close e...Read More | ||
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Mortgage Rates Little Changed Today, This Year, And Over The Past 2 Years | ||
12/27/2024 3:16 PM | ||
Mortgage rates didn"t move much today, and markets have been very quiet due to the holiday week. So we"ll take a quick moment for a retrospective. In September 2022, 30yr fixed mortgage rates crested 7% for the first time in more than 2 decades. The following year saw rates move momentarily under 6% and over 8% before returning to 7% by Dece...Read More | ||